Memphis State Bank

Status:Inactive as of 11/15/2014
 Merger - Without Assistance
Successor Bank:First Bank & Trust
Headquarters:Memphis State Bank
621 Noel Street
Memphis, TX 79245
Established:03/27/1986
FDIC Insurance:03/27/1986
FDIC Cert:#26614
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$31,926,000
Total Deposits:$27,193,000

History

1986-03-27Acquired First State Bank (11911) in MEMPHIS, TX
1986-03-27Institution established: Original name:Memphis State Bank
1987-04-30Acquired Peoples State Bank (16098) in TURKEY, TX
1995-10-16Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2014-11-15Acquired Memphis State Bank in MEMPHIS, TX
2014-11-15Acquired First Bank (5584) in WHITNEY, TX
2014-11-15Acquired Citizens State Bank (9015) in PRINCETON, TX
2014-11-15Merged into and subsequently operated as part of First Bank & Trust (5525) in SEYMOUR, TX
2021-05-01Merged into and subsequently operated as part of Peoples Bank (19788)

Financial Information (2014-09-30 and Older)